See in the quarterly release CEO mentioned Aspen moving ahead to FID by the end of the decade. Who will be left to run it? Everyone with knowledge is leaving …
4 replies (most recent on top)
My question is how much have we capitalized as "incomplete construction" on the books since the project was launched in 2017? That may be a clue concerning the revival of this project.
Aspen was kicked off with a lot of fanfare back in 2018/2019 by a former CEO, who now heads Suncor. Another pipedream.
@a9 lol so business as usual, just like Scona, Sarnia, and CFO? It's honestly a surprise that there hasn't been a major process safety incident.
Key decisions will be made in Houston by people unfamiliar with oil sands. Technical work will be done in Bangalore by incompetent BTC staff. Construction and operations will be entirely outsourced to contractors and managed service providers. There's no intent to have IOL staff involved any more.
I'm sure it'll all go smoothly.